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MLex Comment: EC's approach to 'early' auctioning could force power sector abatement

By Peter Koh ( April 26, 2010, 16:15 GMT | Comment) -- The European Commission's cautious approach to the early auctioning of phase-three allowances and its desire to minimise any impact on market prices could force power generators to reduce their emissions by more than some in the market have been expecting.Details of the possible volume and timing of phase-three emission allowances that could be sold before that phase of the EU's Emissions Trading System (ETS) begins in 2013 were left conspicuously blank in the Annexes of the European Commission's proposed auctioning regulation, published this month....

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